House chairs give Jensen Huang until Wednesday, and one says he'll subpoena if there's no reply
SummaryThree House Republican committee chairs want the Nvidia CEO at a closed-door briefing on Nov. 18. Chair Brian Mast told ABC he's prepared to subpoena Huang if there's no reply. Asked if he'd consider it, he said "absolutely." Nvidia stock fell again.
· MODEL Editors · 2 min read
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What's new. On Tuesday, Nov. 10, Rep. Brian Mast, the Republican chair of the House Foreign Affairs Committee, told ABC News (opens in a new tab) he is prepared to subpoena Nvidia CEO Jensen Huang if Huang does not respond by Wednesday to a request for a closed-door briefing. Asked if he would consider a subpoena, Mast said "absolutely."
The request. In a letter dated Nov. 4 (opens in a new tab), Mast, Select Committee on the CCP Chairman John Moolenaar and House Intelligence Committee Chairman Rick Crawford asked Huang to appear on Nov. 18, 2026, in room 2172 of the Rayburn House Office Building for a joint, closed-door briefing. The topics: Nvidia's "security protocols against foreign adversary espionage" and Huang's interactions with Megaspeed executive Alice Huang, whom the letter calls "a publicly reported People's Republic of China (PRC) intelligence asset." (She and Jensen Huang are not related.) The letter asks him to accept the date, or offer another session day, by Nov. 11. The committees published the letter (opens in a new tab) on Nov. 5.
Where it stands. Per ABC News, Huang had not responded as of Tuesday afternoon, and Nvidia hasn't publicly responded to the request. ABC notes Republicans lose control of House committees in January, so a subpoena would likely expire and Democrats would need to issue a new one. House Minority Leader Hakeem Jeffries told ABC there are "real concerns" and called for "a full briefing."
The stock. Nvidia ($NVDA) closed Tuesday at about $168.90, down about 5.5%, according to Nasdaq (opens in a new tab), after a 4.27% drop on Monday. That's roughly 9.5% below Friday's $186.64 close. During the session, Microsoft briefly passed Nvidia as the world's second-most valuable company for the first time since June 2025, Reuters reported (opens in a new tab); Nvidia later took the spot back, per Reuters via Valor (opens in a new tab). Reuters also cited a Tuesday report by The Information, sourced to two people who know Alice Huang, that the relationship helped facilitate at least $7.5 billion in Nvidia chip shipments to Chinese firms. MODEL has not independently verified that report.
The other side. Nvidia's board has said it has "no reason to believe that either national security or Nvidia secrets were compromised," and that Huang "fully supports the review," as quoted by ABC News. China's government has called the allegations "baseless and purely slanderous smears," per ABC News. Nothing in the spy allegations has been proven in court or by any public finding.
What to watch. Whether Huang replies by Wednesday, Nov. 11, and whether the Nov. 18 briefing happens. Background: our Nov. 9 story (opens in a new tab) on Monday's drop and the shareholder suit.
Disclosure: Not investment advice. Not sponsored. No affiliate links.
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Sources
- House Republicans consider issuing subpoena to Nvidia CEO Jensen Huang
ABC News
- Chairmen Mast, Moolenaar, and Crawford Request Jensen Huang Brief Congress on Link to Chinese Intelligence Asset
House Foreign Affairs Committee (Majority)
- Letter to Jensen Huang (Nov. 4, 2026)
House Foreign Affairs Committee (Majority)
- Moolenaar, Mast, and Crawford Seek Briefing from Jensen Huang on Ties to Chinese Intelligence Asset
House Select Committee on the CCP
- Republicans reshare request for a 'closed-door briefing' with Jensen Huang next week
The Verge
- NVIDIA Corporation (NVDA) quote
Nasdaq
- Microsoft overtakes Nvidia as world's second-most valuable company amid Jensen Huang affair probe
Reuters (via Hindustan Times)
- Microsoft supera Nvidia em valor de mercado pela 1a vez desde junho de 2025, mas devolve posicao
Reuters (via Valor Economico)
- Statement from NVIDIA Board of Directors (Nov. 8, 2026)
NVIDIA Investor Relations
- Nvidia shares fall 4.27% as a shareholder sues over CEO disclosures
MODEL (Nov. 9)
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